Providing financiaw services such as cash, check cwearing and ewectronic payment processing. Each day de Federaw Reserve System processes miwwions of payments in de form of bof paper checks and ewectronic transfers. These payments services are offered to institutions in de Sevenf District on a fee basis. Because of a nationwide reduction in de use of checking instruments, de Chicago Fed and most oder Reserve Banks ceased processing paper checks on November 17, 2009 and ewectronic checks in 2010.[1] Items previouswy routed to dis faciwity are now routed to de Federaw Reserve Bank of Cwevewand or to de Federaw Reserve Bank of Atwanta.

Supervising and reguwating state-chartered banks dat are members of de Federaw Reserve System, bank howding companies, and financiaw howding companies. These organizations are wocated widin de Sevenf Federaw Reserve District.

The Money Museum traces de history of de Federaw Reserve Bank and awso dispways currency used in de past.

The Federaw Reserve Bank of Chicago's entrance is on LaSawwe Street.

The bank's Money Museum[5] is free and open to de pubwic year-round from 8:30am to 5pm, Monday drough Friday, except on Bank howidays.[6] Aww visitors must show a photo identification, wawk drough a metaw detector and have deir bags x-rayed before entering de Money Museum. No food or drink are awwowed in de museum.
A presentation wasting roughwy 45 minutes is avaiwabwe at 1pm on Monday drough Friday, or by appointment. The rest of de Money Museum is accessibwe at any time during open hours.
The museum incwudes a free kiosk, which takes a guest's picture in front of a miwwion dowwars in $100 biwws. A miwwion dowwars in $1 biwws and a miwwion dowwars in $20 biwws are on dispway. The museum has been known for giving out bags of shredded money as souvenirs.[7]

The fowwowing peopwe are on de board of directors as of 2016[update].[8] Cwass A directors are ewected by member banks to represent member banks. Cwass B directors are ewected by member banks to represent de pubwic. Cwass C directors are appointed by de board of governors to represent de pubwic.